MTLBTC
MTLBTC formed bullish butterfly| A good long opportunityThe priceline of Metal / Bitcoin cryptocurrency has formed a bullish butterfly and entered in potential reversal zone.
This PRZ area should be used as stop loss in case a complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002939 to 0.00002873
Sell between: 0.00002990 to 0.00003114
Regards,
Atif Akbar (moon333)
MTLBTC 17/09/2019Hello traders,
we expect this project grow in value overtime cause of services they provide..
When we take a look just for a chart, we can notice divergence on RSI, huge spike in Volume comparing to the past and right now, after this huge spike price is breathing in my opinion up to the 'discount zone' which is - 71-88,6% FIBS.
From this zone we expect sharp move upwards.
Have a great day everyone.
Peace
MTL/BTC -> Will it break the Bear Trend ?MTL is rejecting to fall lower (what I suspected when it bounched on the top line)..
It is accumulating against the resistance line and support. It is just a matter of 1 a 2 days before we will know if he will break the down trend.
This means we can suspect an reversal in the trend and seen some nice grow on MTL.
Position:
Take position over here (371) + a stop loss at (348) *lower then the last higher low.
$MTL, Current structure on HTFs looks like a symmetrical triang$MTL
Current structure on HTFs looks more and more like a symmetrical triangle..
Volume started to flow again in big as soon as we reached the lower trendline of this pattern
Losing ~3600sats will lead to a new support retest while flipping 4200 will lead to a new run up
#MTL
Metal - Price will catchup Fundamentals soonUnlike useless protocols and projects in Cryptospace, Metal has emerged as a real business driving crypto adoption through its Metal pay which available on iOS and Android.
Metal is consolidating right now, Bitcoin baby run has lately has crippled its rise but it will be one of the big altcoin to watch out for.
$MTL, Flipped support at ~4k sats once again $MTL
Flipped support at ~4k sats once again and is pushing for a retest of ~4.8k sats resistance...
Volume slowly increasing in a formation that looks like an ascending wedge (careful)
UCTS Buy signal active on the 8H and higher TFs.
RSI close to overbought levels.
#MTL
MTL - Will he break out and perform a Trend reversal ?MTL is busy creating an uptrend move.
- It bounched on the 100 MA + bearish trend.
- Keeps creating higher lows
- Waiting for the new Higher High over here!
- SMA 8 (purple) and 21 (blue) are also bullish!
Keep attention to it and see what happens.
MTLBTC a breakout expected | Upto 780% profit possibilityThe MTLBTC is moving within a pennant and now arrived at almost end of this pennant.
Since Nov 2019 the pricline has found another support above the pennant's support and hitting that support at the moment.
The bollinger band is showing sideways movement since Nov 2019.
Stochastic is oversold and already has given bull cross.
The MACD has given weak bullish signals.
The price action is gearing up to hit the sell targets soon insha Allah.
The sell targets are:
1st target: 0.00027
2nd target: 0.00034
3rd target: 0.00040
Final target: 0.00050
Regards,
Atif Akbar (moon333)
Metal Is Gaining Momentum & Moving Higher (Where Next + Targets)Recently we shared a chart for Metal (MTLBTC) on the request of one of our great supporters... The price moved as charted and it is now moving higher.
We would like to warn you of the potential gains.
Notice how trading volume continues to increase.
Bullish RSI (now at 58.46).
Hit EMA50 and trading above EMA10.
For your benefit, I've shared the next targets using the Fibonacci tool, as well as additional information on the chart.
If you enjoyed this content...
Just make sure to hit like.
Namaste.
Previous analysis:
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MTL whales activatedMTL just got impact of over 100 BTC within a very small period of time. Even though I can't see the reason for that from chart point of view (as it is not the best moment to buy), such an activity can't pass unnoticed. Probably these whales will keep on pushing it up. Volume visible at week timeframe is enormous! Next important density zones are at 530, 600 and 750. After the progress WAN made today, that doesn't seem like something too unrealistic.
$MTL, Retraced to support at 3.3k and pushed back up$MTL
Retraced to support at 3.3k and pushed back up to resistance at ~4k sats (Matching a movement from .618 fib retracement level to .382, Classic Bounce)
Unless it can reclaim 4.2k resistance level and flip into support, I'm not interested in taking a position here.
#MTL
[MTLBTC] Short signal One of my first try of Elliott Wave analysis.
BUY when price will drop to support line and SELL when price will become >= support level.
Any constructive criticism is welcome! )
MTL/USD BULLISH BREAKOUTI believe Metal MTL has reached i'ts bottom and is now ready for huge pullback 0.6 - 0.7.
Looking at the chart we can see on all timeframes huge increase in buy volume resulting in a significant rise of the price.
Also looking at the VWAP(Volume Weighted Average Price) Indicator we can see the price is constantly above the white line which tells us we are in an uptrend.
Lastly we have MACD crossed over the signal line which is bullish.
We are currently at the ATH in the last 2 days, with huge volume and buy orders pushing this price to the resistance level of 0.52
After the resistance is broken in the next few days MTL should attempt 0.8 resistance.
BTCUSD, ETHBTC & MTLBTC Analysis 8/22/19Today, we will review the technical analysis for BTCUSD, ETHBTC and the top gain performer during the last 24h, MTLBTC.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
$MTL, Showing the way... Falling wedge breakout on the daily $MTL
Showing the way... Falling wedge breakout on the daily
Showing the biggest volume in Binance History (volume preceeds price)
UCTS Buy signal as soon as it breakouts
There have been tweets about some @PayPal rumours (true? )
As targets ~4200 // ~4700.
#MTL